Why Building Inspections are Essential
Ignoring a building inspection might seem like a defensible cost-saving measure to some home buyers. This is especially so for newly constructed buildings.
But the truth is that doing away with a home inspection could be the single biggest mistake you can make as you pay for a home.
Buyers should be especially cautious when buying homes. So, here are some reasons why it is essential to have a home inspected before paying for it.
Buyer Beware – Why Building Inspections are Essential
Many Contractors are Involved in the Construction Process
A new home might not seem like a candidate for grave construction issues. This is why why the temptation to skip the home inspection process can be overwhelming.
However, new buildings can have all sort of issues because many contractors are involved in the construction process. So, consistent quality is not guaranteed because:
- The plumbing, roofing, electrical installations are more often than not handled by different contractors with different quality standards.
- Leaking roofs, poorly installed electrical fittings, and so forth are usually some of the issues found in new homes.
An Inspection Can Help Identify A Bad Deal
Inspections give you information. When you have all the facts, you can make your case for a fairer deal more convincingly.
The inspection might set you back a few hundred dollars. But in the end, you will have information about the house you can use to negotiate a better deal with the seller.
A home inspection can help you get a better deal in the following ways:
- You can ask a discount equal to the amount of repairs the home needs once it is transferred to you
- When an inspection identifies legal issues about the purchase, you can ask for a well-deserved discount.
- If the inspection brings up some possible home structural issues, you can always have such information worked into the contract so that you can be protected in future if things get out of hand
A Building Inspection Helps identify Required Repairs
Many home buyers are not in the market for new homes. In such cases, an inspection is critical so that you can know for sure how much the repairs will cost you.
With this information at hand, you can tell for sure how much you should be expected to pay for the home in consideration of the repairs to follow.
Otherwise, you may end up overpaying for a home while chasing an apparently great deal.
The Inspection Can Help in Identifying Construction Mistakes
Some buildings may be structurally sound, but they may not always be constructed as per local regulations. A good inspection can help identify such issues.
For instance, a patio that has played a part in making you decide to buy a particular home might be illegal as per local building regulations.
That essentially means you will have to bring it down once you acquire a home. For that reason, you will have paid for something you cannot use, and then spend more money tearing it down.
An Inspection Has Numerous Benefits
When most home buyers hear the word building inspection, they think of an extra cost they cannot afford. But the reality is that a building inspection costs about $300 to $400 dollars.
To be truthful, that is quite an expense to bear for many home buyers. There is a long list of benefits to having a home inspection.
So much so that it is not worth considering the decision to do away with it altogether. They include the following:
- You can identify safety issues such as dangerous electrical wiring, leaking gases, grave structural issues and so forth
- They can help you save costs because they can bring up facts you can use to negotiate a better deal
- An inspection will also give you peace of mind as it will help you know for sure the kind of home you are buying
A home inspection is critical, whether the home you are buying is new or not. This part of the home purchase process can help you negotiate a better deal.
More importantly, an inspection can help you identify structural issues, and get a home that will not give you an legal problems afterwards.
It is always good to be cautious when buying a home; and that boils down to ensuring that issues like home inspection are not ignored during the home buying process.